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Author Topic: ASICMINER: Entering the Future of ASIC Mining by Inventing It  (Read 3917001 times)
Fabrizio89
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October 02, 2013, 01:08:17 PM
 #13501

Thanks for the update. Good to know franchise is going well.
Jutarul
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October 02, 2013, 01:16:52 PM
 #13502

that update sounds like they are no where near a working Gen 2 product at the moment - long term it sounds promising I guess
As experience tells us, cost per GH is more important than efficiency during the big hashpower inflation and from that perspective Gen 1 is still sufficiently competitive by being able to adjust prices continually.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
Rival
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October 02, 2013, 01:24:12 PM
 #13503

Update before divs. Divs must be awful.

From a technical standpoint, every update precedes dividends since they are paid weekly. The odds of an update occurring the same day as a dividend is obviously 1/7. I doubt you can draw any conclusion from that.

It appears as if FC is investing in that newfangled cooling system which can be used in multiple industries and applications aside from mining. I am not certain this is the sort of thing many investors had envisioned when they purchased stock in a mining and ASIC company. There are however related upsides. Heat generation from chip densities might well be a future issue with ASIC producers particularly in data centers. Solving this problem before it becomes a roadblock could indeed provide AM with another competitive advantage as the saturation phase advances. Heat dissipation gave BFL a big black eye when they had to redesign. This problem is only going to get worse, and addressing it now may be pure genius.

I can't even imagine the hash capabilities of a single card jammed with hundreds of 40nm chips if you could keep it from melting down to the center of the Earth. Or a datacenter with thousands of them.

 
robix
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October 02, 2013, 01:31:39 PM
 #13504

Update before divs. Divs must be awful.

From a technical standpoint, every update precedes dividends since they are paid weekly. The odds of an update occurring the same day as a dividend is obviously 1/7. I doubt you can draw any conclusion from that.
Sure. But, silence lasting for weeks, and now an update in front of divs. Hmmm.
Jutarul
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October 02, 2013, 01:42:18 PM
 #13505

Update before divs. Divs must be awful.

From a technical standpoint, every update precedes dividends since they are paid weekly. The odds of an update occurring the same day as a dividend is obviously 1/7. I doubt you can draw any conclusion from that.
Sure. But, silence lasting for weeks, and now an update in front of divs. Hmmm.
I challenge you to imagine what you would do if there are no divs. (Unlikely since one of the purposes of the div is to confirm shareholder holdings, introducing an incentive to give out at least 400,000*dust). On a similar note how do you think this would affect the stock price  Grin

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
FNG
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October 02, 2013, 01:44:49 PM
 #13506

that update sounds like they are no where near a working Gen 2 product at the moment - long term it sounds promising I guess
Sounds like Gen 3. Gen 2 has been fully designed and awaiting order quantity (unless I'm wrong)
robix
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October 02, 2013, 01:46:10 PM
 #13507

Update before divs. Divs must be awful.

From a technical standpoint, every update precedes dividends since they are paid weekly. The odds of an update occurring the same day as a dividend is obviously 1/7. I doubt you can draw any conclusion from that.
Sure. But, silence lasting for weeks, and now an update in front of divs. Hmmm.
I challenge you to imagine what you would do if there are no divs. (Unlikely since one of the purposes of the div is to confirm shareholder holdings, introducing an incentive to give out at least 400,000*dust). On a similar note how do you think this would affect the stock price  Grin
Do you expecting an answer?
dmcdad
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October 02, 2013, 01:49:41 PM
 #13508

Dividend confirmed: 0.00800337

Quite respectable all things considered, IMO.
Jutarul
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October 02, 2013, 01:50:03 PM
 #13509

I challenge you to imagine what you would do if there are no divs. ..
Do you expecting an answer?
Take your time.

The ASICMINER Project https://bitcointalk.org/index.php?topic=99497.0
"The way you solve things is by making it politically profitable for the wrong people to do the right thing.", Milton Friedman
robix
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October 02, 2013, 01:53:11 PM
 #13510

I challenge you to imagine what you would do if there are no divs. ..
Do you expecting an answer?
Take your time.
Needless. I was wrong.
sparky999
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October 02, 2013, 01:55:21 PM
 #13511

that update sounds like they are no where near a working Gen 2 product at the moment - long term it sounds promising I guess
Sounds like Gen 3. Gen 2 has been fully designed and awaiting order quantity (unless I'm wrong)

after re reading I think your right, sounds like Gen 3 some time in 2014
binaryFate
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October 02, 2013, 01:57:29 PM
 #13512

Right now, reasonable div.
Short term (this month), we'll get incomes from 500TH/s sold/mining.
Long term, FC update sounds very promising to me.

Monero's privacy and therefore fungibility are MUCH stronger than Bitcoin's. 
This makes Monero a better candidate to deserve the term "digital cash".
BitAddict
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October 02, 2013, 02:07:39 PM
 #13513

Update before divs. Divs must be awful.

From a technical standpoint, every update precedes dividends since they are paid weekly. The odds of an update occurring the same day as a dividend is obviously 1/7. I doubt you can draw any conclusion from that.
Sure. But, silence lasting for weeks, and now an update in front of divs. Hmmm.

All is bad for you guys.

If friedcat doesn't update all the people crying, and if he updates it sounds suspicious.
 Huh Huh Huh
velacreations
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October 02, 2013, 02:25:25 PM
 #13514

Sure. But, silence lasting for weeks, and now an update in front of divs. Hmmm.
wasn't there an update like a week ago?

and you realize this last update is not from Friedcat, right?  It says so at the very top: Official ASICMiner Update by the Board

robix
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October 02, 2013, 02:28:22 PM
 #13515

Wow. So much excitement.

Edit: I already said, I WAS WRONG.
Aedius
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October 02, 2013, 02:32:08 PM
 #13516

Dividend confirmed: 0.00800337

Quite respectable all things considered, IMO.

Great dividend considering the current hash rate, lack of new products for sale/mining, and the fact that AsicMiner has been withholding a percentage of the dividend for reinvestment.
FNG
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October 02, 2013, 02:33:35 PM
 #13517

Looking forward to more info on 5 and 9. Hope to see AM bringing in revenue from additional streams
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October 02, 2013, 02:33:52 PM
 #13518

so is 65/55 nm design done ?
and 40 nm will be in 2014 ?

any details of immersion cooling production in plans ?
what about huge hubs ?

when hardware prices will be lowered ? (blades, usb)
what about new blade design with lan connection in backplane ?
any news about revised usb miners ?
when website will be launched ?
any plans to build datacenter in siberia or other cheap place ?
any plans on moving to island with solar/wind/thermal energy?

friedcat please invest money in solar energy solutions and wind turbines, this is real future.
also bitcoin atms and payment gates/terminals in china

mining income will be shorter and shorter we need a decent plan b

i am holding shares, they are really cheap now, but i regret not selling at 5 Smiley


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October 02, 2013, 02:38:49 PM
Last edit: October 02, 2013, 02:49:27 PM by FNG
 #13519


also bitcoin atms and payment gates/terminals in china

I was just about to post this. Since AsicMiner is branching out..producing ATM's isn't much of a stretch

Edit: and I'm sure he can get them made for dirt cheap and sell them at a huge profit for $2,500 or so. Half of what the cheapest ATM's cost.
apollojmr
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October 02, 2013, 02:42:09 PM
 #13520

I am very excited to see this! I am patiently waiting for the right choices to be made here! I am buying it all up before it hits 2.5 IMO. Thanks for the update. It comes at a time when its needed!

What you think you become. Bitrated user: apollojmr.
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